3960 Canal St Fort Myers, FL 33916
This exceptional 8.17+/- acre industrial land parcel presents a compelling investment opportunity in Fort Myers, Florida. Located at 3960 Canal Street, Lee County, this fee-simple property is zoned IH and boasts convenient access via Canal Street to Rockfill Road, offering excellent connectivity. The property's strategic location is just six minutes from the I-75 and MLK exit, providing easy access to major transportation arteries. This makes it perfectly suited for businesses requiring substantial outdoor storage space, fleet parking facilities, or those seeking expansion opportunities in Southwest Florida's thriving market. The asking price of $2,295,000 reflects the inclusion of costs associated with road installation and necessary mitigation credits, representing significant value for discerning buyers. The land value is $8.42 per square foot. The APN is 29-44-25-P1-00102.0020. This is a rare chance to acquire a well-positioned industrial site ready for immediate development or expansion, offering significant potential for long-term growth and return on investment. Don't miss this chance to secure a prime piece of industrial real estate in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IL · Fort Myers, FLFort Myers. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.